Masdar also signed an MoU with the State Oil Company of Azerbaijan Republic for the joint development of renewable energy sources
NEWS
South Korean consortium to build $1bn green hydrogen plant in the UAE
The South Korean companies – Korea Electric Power Corp, Korea Western Power and Samsung C&T Corp – will build a plant that will initially be able to produce 35,000 tonnes of green ammonia annually
NOC awards Qatar’s largest offshore oil field FEED contract to McDermott
The scope of the contract awarded by NOC comprises developing FEED studies and deliverables suitable for an EPCIC project
How can AI help decarbonise oil & gas?
KAUST in Saudi Arabia is working on custom AI algorithms for process control and optimisation, which will eventually help oil and gas firms with green hydrogen generation
ADNOC Drilling acquires 2 new premium offshore rigs
The two new drilling units are being acquired from Well Target Five Limited and Well Target Six Limited , and will enter ADNOC Drilling’s fleet in Q3 2022
Mubadala Petroleum reaches massive milestone of 500,000 barrels of oil equivalent a day
Mubadala Petroleum jumped to a 22% increase in production – compared to 2021.
Worley wins FEED services contract from Alfanar for UK-based project
Lighthouse Green Fuels, for which Worley has won the contract, will convert residual solid waste into sustainable aviation fuel and green naphtha
JGC Arabia awarded EPC contract for Saudi Arabia’s Zuluf field
JGC has emerged as the single largest contractor on the Zuluf megaproject, with the combined value of its contracts estimated to be more than $3bn
Sadara’s EO/PP pipelines begin supplies to Saudi Arabia’s 12sqkm PlasChem Park
Sadara’s EO/PO pipeline transportation system is the first of its kind in the Middle East and North Africa region
Oil Plus wins $450,000 water-related projects in Qatar
Oil Plus will deliver a pre-FEED oil and water analysis for Qatar Energy, and a water injection study and systems optimisation review for NOC